Super Senior Citizen!
In the Budget date 28.2.11, the FM annoounced a new category of Individuals above the age of 80. They will be given Tax Exemptions upto Rs.5 Lakhs. My Question is.... Should the people above the age of 80 should be Taxed at all..?
30/6/2011 04:24:28 am
No the government does not allow most people to live to that age because of such heavy & double taxation scheme.e.g. Income tax, sales tax, service tax,house tax water tax etcetra.So at least 10% of people who luckily survive to that point should be completely exempted.
30/6/2011 03:27:59 pm
Sanjay is right... people that old getting taxed itself is a crime by the Govt...
25/8/2013 07:19:37 pm
If govt. brings back the black money then the govt. need not to charge anybody for the taxes.
18/1/2012 08:22:25 pm
WHAT WILL HAPPEN IF A PERSON IS BORN ON 01-04-1932 .
18/3/2012 02:50:02 pm
Paying tax is only 4 looting citizen's money by political parties
22/4/2012 05:30:07 pm
the govt should just say pay 10% of your earning no slabs no service tax no vat no cst flat 10% or may be 15% but flat all will fall into a flat bracket, there will be a smaller window for mistakes and avoiding taxes.
22/4/2012 05:32:09 pm
true no rebate on insurance, or property purchased, or installments flat X% i agree
22/4/2012 05:32:45 pm
Agree with Abhishek and Rohan
22/4/2012 05:33:20 pm
It makes a lot of sense
22/4/2012 05:34:51 pm
i ment for all but there should be no tax for Sr. citizens after retirement
5/10/2012 09:12:30 am
Great blog, I just created an account here too.
Let us be rational and think in the interest of the country. Govt. expenses for providing you secured, peaceful, healthy life require money, you only have to pay if your income exceeds Rs. 5 lacs, that too after allowing all exemptions like Dividend, 80 C investment,insurence premia you pay etc.Imagin how Govt. can run Defence activities so technologically advanced and extremely costly all to be imported. And what about OIL, your every day need.
Leave a Reply.
My name is Kaushik Joshi. I come from a town called Kolhapur in India. I am a CA Final Student dreaming Big...